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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
The declining crude oil inventories in the world's two largest oil consuming nations and largest economies, the US and China, have led to an outlook of a tightening market.
The price of Brent crude is about to breach the important psychological mark of $60, closing the week at $59.34 per barrel.
The price of West Texas Intermediate crude closed the week at $56.85 per barrel.